Surgepays Inventory from 2010 to 2024

SURG Stock  USD 1.92  0.19  9.00%   
Surgepays' Inventory is decreasing over the last several years with stable swings. Inventory is estimated to finish at about 9.5 M this year. During the period from 2010 to 2024 Surgepays Inventory regressed destribution of quarterly values had coefficient of variationof (387.38) and r-value of (0.12). View All Fundamentals
 
Inventory  
First Reported
2008-06-30
Previous Quarter
8.4 M
Current Value
8.4 M
Quarterly Volatility
4.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Surgepays financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Surgepays' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 1.1 M or Selling General Administrative of 16.3 M, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0 or PTB Ratio of 3.42. Surgepays financial statements analysis is a perfect complement when working with Surgepays Valuation or Volatility modules.
  
Check out the analysis of Surgepays Correlation against competitors.
For more detail on how to invest in Surgepays Stock please use our How to Invest in Surgepays guide.

Latest Surgepays' Inventory Growth Pattern

Below is the plot of the Inventory of Surgepays over the last few years. It is Surgepays' Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Surgepays' overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Pretty Stable
   Inventory   
       Timeline  

Surgepays Inventory Regression Statistics

Arithmetic Mean(11,506,400,393)
Geometric Mean0.00
Coefficient Of Variation(387.38)
Mean Deviation21,483,400,363
Median10,862
Standard Deviation44,574,027,945
Sample Variance1986843967.2T
Range172.6B
R-Value(0.12)
Mean Square Error2106965685.7T
R-Squared0.02
Significance0.66
Slope(1,232,392,602)
Total Sum of Squares27815815541.4T

Surgepays Inventory History

20249.5 M
2023M
202211.2 M
20214.4 M
2020178.3 K
2019-172.6 B
201810.9 K

Other Fundumenentals of Surgepays

Surgepays Inventory component correlations

About Surgepays Financial Statements

Surgepays stakeholders use historical fundamental indicators, such as Surgepays' Inventory, to determine how well the company is positioned to perform in the future. Although Surgepays investors may analyze each financial statement separately, they are all interrelated. For example, changes in Surgepays' assets and liabilities are reflected in the revenues and expenses on Surgepays' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Surgepays. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
InventoryM9.5 M
Change To Inventory2.1 M2.2 M
Inventory Turnover 11.22  10.66 
Days Of Inventory On Hand 32.53  34.16 
Average Inventory2.6 M2.7 M
Days Of Inventory Outstanding 32.53  34.16 

Currently Active Assets on Macroaxis

When determining whether Surgepays is a strong investment it is important to analyze Surgepays' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Surgepays' future performance. For an informed investment choice regarding Surgepays Stock, refer to the following important reports:
Check out the analysis of Surgepays Correlation against competitors.
For more detail on how to invest in Surgepays Stock please use our How to Invest in Surgepays guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Surgepays. If investors know Surgepays will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Surgepays listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Earnings Share
(1.18)
Revenue Per Share
6.864
Quarterly Revenue Growth
(0.58)
Return On Assets
(0.02)
The market value of Surgepays is measured differently than its book value, which is the value of Surgepays that is recorded on the company's balance sheet. Investors also form their own opinion of Surgepays' value that differs from its market value or its book value, called intrinsic value, which is Surgepays' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Surgepays' market value can be influenced by many factors that don't directly affect Surgepays' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Surgepays' value and its price as these two are different measures arrived at by different means. Investors typically determine if Surgepays is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surgepays' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.